Description: This is the abstract for the paper on the application of Esscher transform to the Regime Switching Model.

Description: In many countries, insurers and banks are separately regulated. In some countries, banks and insurers are not allowed to be part of the same conglomerate and share capital. This raises questions about the efficient use of capital and return on equity to shareholders. This is the abstract of an empirical study that views economic capital from a solvency perspective with the focus on downside risk. The key question addressed is 'What efficiencies, if any, are gained by allowing banks and insurers of different types to merge and thus share capital.' We examine to what degree bank and insurer performances have been correlated historically, especially in the downside tail. This case study is based on Canadian banks, life insurers and property-casualty insurers.

Description: This abstract is for a paper that addresses the problem of optimal reinsurance design using the criterion of minimizing the Conditional Tail Expectation (CTE) risk measure of the insurer's total risk.

Description: This is the abstract for the research paper on a hierarchial model for micro-level stochastic loss.

Description: This is the abstract of a paper that complements the existing research on optimal reinsurance by proposing another model for the determination of the optimal reinsurance design.

Description: This abstract describes a presentation that shows a study on a long-term disability insurance portfolio under stochastic interest rates.

Description: This abstract describes a presentation that provides a summary of recent activities and future plans in the Society of Actuaries’ Education system.

Description: This abstract describes a paper that investigates multivariate risk processes which may be useful in studying ruin problems for insurance companies handling dependent classes of business.

Description: This abstract describes a paper in which the Lee-Carter model is taken as a starting point for the mortality modeling of multiple populations.

Description: This abstract summarizes the background for a presentation at the Actuarial Research Conference that describes summer actuarial science programs for minority high school students and the role they have in the profession's diversity efforts. Expanding the number of such programs is explored.